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Illinois bonds

Colona, IL — Contractor License Bond

Colona's contractor-registration form requests a $10,000 bond to the City and says there is no specific City bond form—an agent may use a general form. Prepare the actual City request before opening Propeller rather than waiting for a nonexistent special template.

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Recorded state
Illinois
Bond type
Contractor License / Registration Bond
Category
Contractors & construction

What this bond does

Prepare the City of Colona contractor security that accompanies registration, using accepted general wording rather than an assumed mandatory City template.

Who needs it
Contractors preparing Colona's actual registration request and the separately listed contractor-bond attachment.
Who it protects
The accepted general instrument defines its conditions. The City's registration form identifies the amount and recipient but does not itself state all bond claims terms or make the insurance certificate equivalent.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

A special City template is not required by this sheet

The form expressly says Colona has no specific bond form and the agent may use a general one. Ask the provider to match the accepted City request, $10,000 amount and legal principal; a general form is not permission to change the recipient or secured purpose.

The attachment checklist separately lists insurance naming the City as certificate holder and current roofing/plumbing credentials where applicable. Do not treat a trade credential as a replacement for the requested bond without the City's actual instruction.

Separate the business from people authorized to pull permits

The form identifies business ownership, use of subcontractors and people authorized to pull permits. That authorized-person list is not a list of bond principals. Match the actual business identity and accepted dates; the January–December registration year does not supply a displayed provider term.

Purchase Now opens Propeller in a new tab. Check the issued general instrument against the City request and deliver it as directed with registration. An application receipt does not complete registration or authorize someone to pull a project permit.

Sources

Have these ready

  1. Have the City registration request and accepted general wording.
  2. Match the $10,000 amount, City recipient and legal principal.
  3. Confirm actual bond dates independently of registration's year.
  4. Keep authorized permit-pullers, trade credentials and insurance separate.
  5. Check issued details before City delivery.

Questions about this bond

Must I find a special Colona bond template?

The posted registration form says the City has no specific form and the agent may use a general one. Have the provider match the accepted request rather than inventing a mandatory City template.

Are authorized permit-pullers the principals?

The registration form lists them separately from the business and its ownership. Use the accepted legal business principal, not a permit representative by default.

Does registration's calendar year set the provider term?

The existing choice displays no duration. Use the accepted bond's dates, not an assumed purchase term derived from the January–December license schedule.

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